The housing market in Plainview, TX (79072) is thriving. The median value of a house in the area is $103,600, which is significantly lower than the US median value of $338,100. However, the one-year appreciation rate of houses in Plainview is 12.81%, which is higher than the US 1 year House Appreciation rate of 8.27%. This indicates that property values are rising at a faster rate than the national average and that there is potential for strong return on investment for those considering buying a home in Plainview.
The median home cost in Plainview (zip 79072) is $103,600. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Plainview (zip 79072) is up 11.4%.
Average Age of Homes
- The median age of Plainview (zip 79072) real estate is 54 years old
The Rental Market in Plainview (zip 79072)
- Renters make up 34.3% of the Plainview (zip 79072) population
- 2.8% of houses and apartments in Plainview (zip 79072), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.